STOCK-BASED COMPENSATION

6 Months Ended

Dec. 31, 2019

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION

7.    STOCK-BASED COMPENSATION

The Company recognized stock-based compensation expense as follows:

	Three Months Ended				Six Months Ended
	December 31,		December 31,		December 31,		December 31,
	2019		2018		2019		2018
		(Amounts in thousands)				(Amounts in thousands)
Stock options	$	26	$	33	$	57	$	154
Stock appreciation rights		430		408		872		1,175
Restricted stock		697		677		1,940		1,956
Performance stock		385		507		770		785
Total stock-based compensation expense	$	1,538	$	1,625	$	3,639	$	4,070

Stock-based compensation expense is included within General and administrative expense in the consolidated statements of operations and comprehensive income.

During the three and six months ended December 31, 2019, the Company granted the following stock-based compensation awards:

	Three Months Ended		Six Months Ended
	December 31,	December 31,	December 31,	December 31,
	2019	2018	2019	2018
	(Number of shares)		(Number of shares)
Stock options	—	—	1,604	6,430
Stock appreciation rights	—	—	46,726	69,360
Restricted stock	—	—	23,976	42,260
Performance stock (at maximum 200% attainment)	—	—	28,560	57,420
Total equity awards granted	—	—	100,866	175,470

As of December 31, 2019, unrecognized compensation expense (expressed in thousands below) and weighted-average vesting period for each of our stock-based compensation awards were as follows:

	Unrecognized		Weighted-
	compensation		average vesting
	expense		period (years)
Stock options	$	136		1.8
Stock appreciation rights		2,624		2.0
Restricted stock		5,555		3.1
Performance stock		2,191		1.9